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SIP Operation

10th May 2005 16:22

Transco Holdings PLC10 May 2005 Transco Holdings plc (THplc) Tuesday 10 May 2005 NATIONAL GRID TRANSCO plc ('NGT') SHARE INCENTIVE PLAN (THE "SIP") (Notification of Directors' Interests pursuant to Section 324(2) of the Companies Act 1985) ---------------------------------------------------------------- Under the SIP scheme, operated through Towers Perrin Share Plan Services Limitedas Trustee, employees of NGT may acquire ordinary shares in National GridTransco plc (NGT) by regular monthly contributions. The current monthly purchaseof 63,265 NGT ordinary shares under the scheme was confirmed by the Trustee, theshares having been purchased in the market on 9th May at a price of 512.49 penceper share, on behalf of some 3,800 participants. The following Directors are beneficiaries of the number of shares purchased ontheir behalf: Director Shares purchased in SIP Resulting total interestColin Buck 24 122,880Malcolm Cooper 24 147,647Mark Fairbairn 24 205,427Steven Holliday 24 630,262 This information is provided by RNS The company news service from the London Stock Exchange

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National Grid
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Value8,542.56
Change1.59